[pjc50]

Or you could have a Quadriga-like incident where a single person's death or fraud takes out an entire bank?

[SketchySeaBeast]

I think the argument here is that you don't need to keep your Bitcoin in a bank, and instead just horde it all under your digital bed.

[deevolution]

It's essentially no different than carrying a credit card in your wallet... The bitcoin network IS the bank, your key is your card. There's no need to horde anything under said "digital bed". It's frightening to see so many ignorant comments.

[SketchySeaBeast]

Except that if you lose your credit card your business doesn't collapse leaving everyone in the lurch.